Financials BSL Corporation

Equities

BSLCORP

MYL7221OO004

Iron & Steel

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.03 MYR 0.00% Intraday chart for BSL Corporation +20.00% -33.33%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 70.54 34.79 27.54 36.72 201.7 35.87
Enterprise Value (EV) 1 75.41 38.59 29.44 32.02 194 26.43
P/E ratio 22 x -31.2 x 20.3 x 99.2 x 21.2 x -4.13 x
Yield - - - - - -
Capitalization / Revenue 0.46 x 0.21 x 0.17 x 0.27 x 1.26 x 0.22 x
EV / Revenue 0.5 x 0.24 x 0.18 x 0.23 x 1.22 x 0.16 x
EV / EBITDA 6.17 x 7.78 x 1.77 x 2.47 x 12.4 x -2.7 x
EV / FCF -27 x 22.1 x 3.13 x 2.56 x 24.8 x -
FCF Yield -3.71% 4.52% 31.9% 39% 4.03% -
Price to Book 0.91 x 0.32 x 0.25 x 0.34 x 1.64 x 0.27 x
Nbr of stocks (in thousands) 193,272 193,272 193,272 193,272 197,751 275,928
Reference price 2 0.3650 0.1800 0.1425 0.1900 1.020 0.1300
Announcement Date 12/28/17 12/27/18 12/31/19 12/30/20 12/30/21 4/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 151.7 164 159.6 137.1 159.5 161.1
EBITDA 1 12.23 4.958 16.67 12.98 15.65 -9.784
EBIT 1 7.465 0.4447 12.58 9.036 11.83 -13.46
Operating Margin 4.92% 0.27% 7.88% 6.59% 7.42% -8.36%
Earnings before Tax (EBT) 1 6.484 -2.122 4.526 1.418 10.52 -8.068
Net income 1 3.202 -1.116 1.354 0.3702 9.299 -7.747
Net margin 2.11% -0.68% 0.85% 0.27% 5.83% -4.81%
EPS 2 0.0166 -0.005774 0.007007 0.001915 0.0481 -0.0315
Free Cash Flow 1 -2.798 1.746 9.395 12.5 7.825 -
FCF margin -1.84% 1.06% 5.88% 9.11% 4.91% -
FCF Conversion (EBITDA) - 35.22% 56.35% 96.33% 50.01% -
FCF Conversion (Net income) - - 693.7% 3,376.22% 84.15% -
Dividend per Share - - - - - -
Announcement Date 12/28/17 12/27/18 12/31/19 12/30/20 12/30/21 4/28/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 4.87 3.8 1.9 - - -
Net Cash position 1 - - - 4.7 7.69 9.44
Leverage (Debt/EBITDA) 0.3982 x 0.7664 x 0.1138 x - - -
Free Cash Flow 1 -2.8 1.75 9.4 12.5 7.82 -
ROE (net income / shareholders' equity) 4.8% -2.65% 1.37% 0.57% 7.87% -
ROA (Net income/ Total Assets) 3.84% 0.19% 4.96% 3.67% 4.57% -
Assets 1 83.47 -587.7 27.32 10.08 203.6 -
Book Value Per Share 2 0.4000 0.5700 0.5600 0.5600 0.6200 0.4900
Cash Flow per Share 2 0.0600 0.0500 0.0500 0.0600 0.0700 0.0400
Capex 1 8.26 1.77 0.64 0.8 1.38 2.99
Capex / Sales 5.45% 1.08% 0.4% 0.59% 0.87% 1.86%
Announcement Date 12/28/17 12/27/18 12/31/19 12/30/20 12/30/21 4/28/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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